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Cyberwrite has partnered with Navacord Corp. to expand cyber insurance policy adoption across Canada. The collaboration gives Navacord’s brokers access to Cyberwrite’s patented AI-driven cyber risk quantification platform. The partnership equips brokers to help clients measure financial exposure to cyberattacks and secure suitable cyber insurance coverage.
“Cyberwrite enables Navacord’s brokers to help their clients quantify their exposures and get the policy they need using a risk report tailored to each insured,” said Cyberwrite CEO Nir Perry.
AI-Powered Cyber Risk Insights
Navacord now uses Cyberwrite’s proprietary technology to generate reports that quantify breach probability and financial impact. The data supports CEOs, CFOs, and IT leaders in understanding coverage needs and improving cyber risk management.
The system gathers real-time data from over 99.97% of businesses worldwide and delivers reports in eight languages. This technology allows brokers to present clear, actionable risk insights to clients within seconds.
Enhancing Cyber Coverage Decisions
Navacord’s Vice President of Cyber and Professional Lines, Patrick Bourk, said, “Cyberwrite enables us to recommend adequate coverage based on each client’s unique technological profile and exposure.” The reports guide insureds to identify security gaps before applying for coverage, improving their chance of approval and favorable rates.
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Driving Innovation in Cyber Insurance Policy
Cyberwrite’s platform transforms complex technical data into simple, business-ready insights. Its technology supports underwriting and catastrophe modeling for carriers and reinsurers, advancing cyber risk assessment across the industry.
The partnership positions Navacord to expand its cyber insurance offerings, providing Canadian businesses with better protection and data-driven decision-making tools.
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